Insider Purchase by HOVDE STEVEN D (Dir)
Trade Summary
5 days ago, HOVDE STEVEN D, serving as Dir at COASTAL FINANCIAL CORP (CCB), purchased 15,000 shares at $43.88 per share, for a total transaction value of $658,250.00. Following this transaction, HOVDE STEVEN D now holds 26,500 shares of CCB.
This purchase represents a 130.43% increase in HOVDE STEVEN D's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, August 5, 2026 and publicly disclosed via SEC Form 4 filing on Friday, August 7, 2026 at 7:36 PM ET, 2 days after the trade was made.
COASTAL FINANCIAL CORP operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$43.88
Quantity
15,000
Total Value
$658,250.00
Shares Owned
26,500
Trade Date
5 days ago
SEC Filing Date
at 7:36 PM ET
Filed 2 days after trade
Discussion